The Central Bank of Nigeria (CBN) has prohibited local deposits into the newly launched Non-Resident Nigerian Ordinary ...
Geopolitical instability often leads to capital flight, where investors move their funds to safer markets. For Nigeria, this can result in reduced foreign direct investment (FDI) and pressure on the ...
The naira experienced sustained pressure across foreign exchange markets this week, closing at N1,544.50/$1 on the official market and trading ...
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